FirstService
102 hedge funds and large institutions have $945M invested in FirstService in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 42 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more capital invested
Capital invested by funds: $914M → $945M (+$31.6M)
0% more funds holding
Funds holding: 102 → 102 (0)
12% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 42
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$45.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.66M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.68M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$5.78M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$5.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$25.7M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$6.36M |
| 3 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$5.55M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$4.06M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.42M |
FSV Hedge Fund Activity: Q3 2016 in Review
102 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in FirstService (FSV) for Q3 2016, worth a combined $945M — up 3.5% from $914M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FSV positions and 6 closed out — a net gain of 1 holder — while 37 added to existing stakes and 42 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $45.4M. The largest seller was William Blair Investment Management, cutting an estimated $25.7M.
- 102 institutional investors held FirstService (FSV) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $945M of FirstService stock for Q3 2016, up 3.5% quarter-over-quarter.
- 7 funds opened new FirstService positions in Q3 2016 and 6 closed out, a net change of +1 holder.
- The largest FirstService buyer in Q3 2016 was Fiera Capital (Canada), an estimated $45.4M added.
- The largest FirstService seller in Q3 2016 was William Blair Investment Management, an estimated $25.7M sold.
Based on aggregated 13F filings for Q3 2016.